Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by Severin Investments LLC

Severin Investments LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 317.7% during the first quarter, HoldingsChannel.com reports. The fund owned 46,867 shares of the company’s stock after purchasing an additional 35,648 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 3.3% of Severin Investments LLC’s holdings, making the stock its 2nd largest position. Severin Investments LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,878,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. HHM Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at $29,000. Brown Brothers Harriman & Co. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after purchasing an additional 200 shares during the period. Richards Merrill & Peterson Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth $30,000. Monetary Solutions Ltd purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth $30,000. Finally, Chapman Financial Group LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.4%

Shares of NASDAQ:VCIT opened at $82.65 on Wednesday. The company has a 50-day simple moving average of $82.54 and a 200-day simple moving average of $83.24. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.43 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a dividend of $0.3412 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 5.0%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.